Demat Closer From to close your Demat account very easily. Demat account can be opened very easily but closing it is a very complicated process.
CHAPTER 12 : MUTUAL FUND SCHEME SELECTION SCHEME SELECTION BASED ON INVESTOR NEEDS, PREFERENCES AND RISK-PROFILE 1. Investor Need: The investor may need long term appreciation in the value of his investment, or the investor may need periodic income from the investment, or the investor may be looking for an avenue to park funds and … Read more
CHAPTER 11 : MUTUAL FUND SCHEME PERFORMANCE BENCHMARKS AND PERFORMANCES A credible benchmark should meet the following requirements: It should be in sync with: the investment objective of the scheme. asset allocation pattern. investment strategy of the scheme. The benchmark should be calculated by an independent agency in a transparent manner, and published regularly. PRICE … Read more
CHAPTER 10 : RISK, RETURN AND PERFORMANCE OF FUNDS GENERAL RISK FACTORS These are risks that all mutual funds are exposed. Liquidity Risk Interest Rate Risk Re-investment Risk Political Risk Economic Risk Foreign Currency Risk Risks associated with transactions in Units through stock exchange (s). SPECIFIC RISK FACTORS 1. Risk related to equity and equity … Read more
CHAPTER 9: INVESTOR SERVICES NFO PROCESS Units in a mutual fund scheme are offered to investors for the first time through a New Fund Offer (NFO). The AMC decides on a scheme to take to the market. AMC prepares the SID for the NFO which is approved by the Trustees and the Board of Directors … Read more
CHAPTER 8: TAXATION Income earned by Mutual Fund Schemes As per the prevailing tax laws in India, a mutual fund’s income is exempt from income tax, since MF are constituted as trusts in India for the benefits of the unitholders. Section 10(23)(D) of the Income Tax Act exempts all the income earned by the mutual … Read more
CHAPTER 7: NET ASSET VALUE, TOTAL EXPENSE RATIO & PRICING OF UNITS In Order to Ensure Such Fair Treatment to all Investors, SEBI has Laid Down Certain Fair Valuation Principles. Valuation- NAV of the scheme will depend upon the value of the portfolio, which in turn, depends upon the value of the securities held in … Read more
CHAPTER 6: FUND DISTRIBUTION & CHANNEL MANAGEMENT PRACTICES The fund manager could be a mutual fund manager managing a mutual fund portfolio in line with the scheme’s investment objectives. The mutual fund distributor’s job is to assess the needs, limitations, resources and financial goals of the investor. This analysis would help the mutual fund distributor … Read more
CHAPTER 5: SCHEME RELATED INFORMATION Investors are Governed by the Principle of Caveat Emptor i.e. , let the Buyer Beware. They are Presumed to have read and Understood the Scheme Related Documents before investing in a MF Scheme. Such Documents can be Used for making an informed Investment Decision. There Documents are: Scheme Information Documents … Read more